GBPAUD ON THE 1HR TIMEFRAME
WE ARE CURRENTLY AT A VERY KEY LEVEL OF THE GOLDEN RATION (50/61.8) FIB LEVEL. I ANTICIPATE PRICE BOUNCING OFF TO THE TOP OF THE CHANNEL (HIGH TIME FRAME )
IF YOU ARE AN AGGRESSIVE TRADER YOU WILL BUY ONCE PRICE BREAKS THE CURRENT CHANNEL IN THE 1HR TIME FRAME
NON -AGGRESSIVER TRADER YOU BUY AFTER PRICE HAS BROKEN THE CHANNEL AND RE-TESTED IN THE ANTICIPATED DIRECTION
OVER 300 PIPS ON THIS TRADE.
LETS SEE HOW IT TURNS OUT
IF YOU ARE AN AGGRESSIVE TRADER YOU WILL BUY ONCE PRICE BREAKS THE CURRENT CHANNEL IN THE 1HR TIME FRAME
NON -AGGRESSIVER TRADER YOU BUY AFTER PRICE HAS BROKEN THE CHANNEL AND RE-TESTED IN THE ANTICIPATED DIRECTION
OVER 300 PIPS ON THIS TRADE.
LETS SEE HOW IT TURNS OUT
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